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If they do it like they used to, they would split the bowl revenue from a given bowl into (now) 16 shares. This would mean an equal share for the other 13 schools and the SEC office and a double share for the school playing in the bowl.

Originally Posted by Jacob Hawkes

The Capital One Bowl or The Cotton Bowl were the 2 that made the most sense. The payout doesn't matter as The SEC shares the revenue equall with all schools in the conference.

And lucky for all of us the new committee for picking the 4 playoff teams will be totally devoid of flaws and political bias. Just like the NCAA basketball tournament selection committee.

Originally Posted by mngundog

We have had split National Championships even after the BCS was created, we are going to a playoff system because the BCS system is flawed and subject to political bias also. The AP ranks suspended teams because they aren't limited to the constraints of the BCS system, those teams are still playing thus they are ranked accordingly.